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Kurabo Industries Initiates Share Repurchase Program

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Kurabo Industries Initiates Share Repurchase Program

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KURABO INDUSTRIES LTD. ( (JP:3106) ) just unveiled an announcement.

Kurabo Industries Ltd. announced a resolution to repurchase up to 500,000 of its own shares through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System. This strategic move, involving a total cost of up to 3.52 billion yen, is part of a broader plan to repurchase up to 1,000,000 shares by September 2026, potentially impacting the company’s stock value and shareholder returns.

The most recent analyst rating on (JP:3106) stock is a Buy with a Yen7759.00 price target. To see the full list of analyst forecasts on KURABO INDUSTRIES LTD. stock, see the JP:3106 Stock Forecast page.

More about KURABO INDUSTRIES LTD.

Kurabo Industries Ltd. operates in the manufacturing sector, primarily focusing on textiles and chemicals. The company is listed on the Tokyo Stock Exchange and is known for its diverse range of products and services, catering to various market needs.

Average Trading Volume: 62,160

Technical Sentiment Signal: Buy

Current Market Cap: Yen120.4B

For detailed information about 3106 stock, go to TipRanks’ Stock Analysis page.

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